satellite carrying rocket by one it has overtaken iran to become the second largest opec producer. there's no doubt the energy sector hold the keys to iraq's reconstruction and the world energy supply. >> that's the latest in business headlines for this hour. here is a look at markets in the region. >>> they've told u.s. agencies that have exthe ended. the rocket will be carrying a satellite into orbit. the real goal is to test the long range missile technology. north korea's committee of space technology said engineers found a technical problem with the first stage of the three stage rocket. the committee announced it will extend the period for launching by one week. north korea said it will launch the rocket between december 6th and the 22nd. the international maritime organization, and the international telecommunication union said they were told of the extension on monday. the maritime and aviation bodies use it for flight trajection. they have not provided information about a satellite's frequency or orbit. the international community should take serious action against north k